macd request help indicator

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  • #45522 quote
    johnolofs
    Participant
    Senior

    Hey, i want help to build 2 macd in the same indicator so i get two lines (and edit the variables) and that the indicator  integrate with the candlestick (price). would appreciate it if somone could help me.

    #45780 quote
    Nicolas
    Keymaster
    Master

    What is the line of the MACD you’d like to have precisely? MACD and price doesn’t share the same scale, but you still want it to be overlaid on price, right?

    #46016 quote
    johnolofs
    Participant
    Senior

    Hey,

    i wish for one line to hav 5, 70, 7 and the other line 8, 21, 4. Yes and i want it overlaid if thats possible thank you, and if possible add two thin lines of bollinger bands. I have a picture on something similar. i will add it

    #46030 quote
    Nicolas
    Keymaster
    Master

    ok, but since MACD is only the difference between 2 EMA, how I am supposed to add them on price please? You could add this points difference on Close, sounds ok for you?

    #46070 quote
    johnolofs
    Participant
    Senior

    havin a bit trouble to understand what you writing.

    here is another indicator that almost does what i want:

    Heikin Ashi smoothed with signals

     

    Only that i dont want heiken, the arrows and just regular candlesticks. Are looking for the powerful nails that go down in the ema “macd” help with the coloring zones.

    #46461 quote
    Nicolas
    Keymaster
    Master

    An MACD is the difference between 2 EMA, so if you want to get the same information on a price chart, you can easily add these 2 EMAs on it, an MACD 5, 70, 7 is basically made of an EMA 5 periods and of an EMA of 70 periods. Just add these 2 moving average on your price chart and you’ll get the exact same information than the MACD histogram. Then if you want to add the coloring zones, add them with the “Add Color Zone” directly into the price indicators settings of the platform.

    #46588 quote
    johnolofs
    Participant
    Senior

    okey, thank you! Working like charm.

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macd request help indicator


ProBuilder: Indicators & Custom Tools

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johnolofs @johnolofs Participant
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This topic contains 6 replies,
has 2 voices, and was last updated by johnolofs
8 years, 4 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 09/05/2017
Status: Active
Attachments: 3 files
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